Financial alerts
Mill Valley School District — Financial
What's happened recently in financial for Mill Valley School District.
Mill Valley School District's financial position tightened through 2025-26. In February 2026, the Board approved a June 2026 ballot measure to extend the existing parcel tax and renew a supplemental tax that expired in 2021. That same month, it committed roughly $25.7 million to interim middle-school facilities, including about $20 million for interim-campus procurement and construction, a temporary-classroo
What happened
Board places parcel-tax renewal and supplemental levy on the June ballot
The Board approved a June 2026 ballot measure to extend the existing parcel tax and renew a supplemental tax that expired in 2021.
Board commits about $25.7 million to interim middle-school facilities
The Board approved about $20 million for interim-campus procurement and construction, a temporary-classroom lease of up to $3,318,058.64, and a $2,410,320 preconstruction extension.
Reserves sit below the Board's own minimum in every projected year
The adopted budget projects reserves of 21.05% this year, then 21.39%, 21.25% and 22.76% — below the Board's 25% minimum and 30% target, though comfortably above the state's 3% floor.
The cafeteria fund is projected to go negative this school year
With $784,621 in feeding costs against $585,630 of revenue, the cafeteria fund balance is projected to end 2026-27 at negative $171,662.29, forcing the General Fund to begin covering school meals.
Synthesized from 4 published, source-verified alerts about budget for Mill Valley School District.
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